INTERNATIONAL CENTER FOR RESEARCH AND RESOURCE DEVELOPMENT

ICRRD QUALITY INDEX RESEARCH JOURNAL

ISSN: 2773-5958, https://doi.org/10.53272/icrrd

Sterile Injectable Drugs Market Projected to Surge to $1.3 Trillion by 2030, Small Molecules & Large Molecules Drive Accelerated Growth

Global Market for Sterile Injectable Drugs

Global Market for Sterile Injectable Drugs
Global Market for Sterile Injectable Drugs

Dublin, Jan. 04, 2024 (GLOBE NEWSWIRE) -- The "Sterile Injectable Drugs: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Sterile Injectable Drugs Market to Reach $1.3 Trillion by 2030

The global market for Sterile Injectable Drugs estimated at US$596.2 Billion in the year 2022, is projected to reach a revised size of US$1.3 Trillion by 2030, growing at a CAGR of 9.7% over the analysis period 2022-2030. Small Molecule, one of the segments analyzed in the report, is projected to record 9.5% CAGR and reach US$522.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Large Molecule segment is readjusted to a revised 9.9% CAGR for the next 8-year period.



The U.S. Market is Estimated at $181.6 Billion, While China is Forecast to Grow at 9.1% CAGR

The Sterile Injectable Drugs market in the U.S. is estimated at US$181.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$213 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.3% and 7.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR.

Select Competitors (Total 42 Featured) -

  • AstraZeneca PLC
  • Gilead Sciences, Inc.
  • GlaxoSmithKline PLC
  • Pfizer, Inc.
  • Science, Inc.

Key Attributes:

Report AttributeDetails
No. of Pages194
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$596.2 Billion
Forecasted Market Value (USD) by 2030$1300 Billion
Compound Annual Growth Rate10.2%
Regions CoveredGlobal

For more information about this report visit https://www.researchandmarkets.com/r/a781o7

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